Selling a house in Oklahoma City, OK can be a time consuming and pricey process, with lots of expenses to consider at every stage. It’s important to be educated of these costs so you can plan correctly and decide whether a direct sale is the best option for you.
Before you even start the listing process, there are a few things you’ll need to take care of:
- Cleaning: A clean, tidy house is more appealing to potential buyers. Consider hiring a professional cleaner to give your home a deep clean, and don’t forget about the outside too – power wash the driveway, tidy the flower beds, and clean the windows.
- Storage: You’ll need to pack away personal items and clutter to make your home more appealing to buyers. This might mean renting a storage unit or pod to hold your belongings until you move.
- Repairs and upgrades: Fix any visible damage or wear and tear, and consider making minor upgrades like new fixtures or hardware. These improvements can increase the value of your home.
- Landscaping: A well-maintained yard with good curb appeal can make a great first impression on potential buyers. Consider adding plants and flowers, laying fresh mulch, and painting the front door, shutters, and fence.
Costs While Your House is on the Market
While your property is on the market, there are a few ongoing expenses to consider:
- Monthly costs: You’ll still need to pay for utilities even if you’ve moved out of the house.
- Agent fees: Most real estate agents charge a percentage of the sale price as their fee.
- Marketing: Your agent may suggest various marketing techniques to help sell your home, such as open houses, advertising, and professional photography.
- Closing costs: These are fees paid at the end of the sale process and can include things like title fees, legal fees, and commission for the buyer’s agent.
Direct Sale vs. Listing with an Agent
One way to avoid some of these costs is to sell your house directly, rather than listing it with an agent. This can be a quicker and more efficient process, but it’s important to be aware of the potential drawbacks:
- Less exposure: Without an agent to market your property, you might have fewer potential buyers.
- Less expertise: An agent has the knowledge and experience to guide you through the sale process, negotiate on your behalf, and handle any issues that arise. If you sell directly, you’ll need to handle all of this yourself.
- Lower price: You might not get as high a price for your property if you sell directly, as agents can often negotiate a better price on your behalf.
To Wrap Things Up…
There’s many cost factors to consider when selling a house in Oklahoma City, Oklahoma, and it’s important to weigh up all your options before deciding how to proceed. While listing with an agent can be more expensive, it can also give you access to a wider pool of potential buyers and the expertise of a professional. On the other hand, a direct sale can be a quicker and more efficient process, but you might not get as high a price for your property. Consider your needs and priorities carefully before making a decision.